How ORO Works: Mint, Earn, Redeem

ORO is designed to make tokenized gold simple, secure, and yield-generating. Here's how users interact with the system across its core flows: minting GOLD, converting to stGold to earn yield, and redeeming either for physical gold or USDC.

🪙 Minting GOLD

GOLD is minted 1:1 with USDC, representing 1 ounce of real, vaulted gold.

How it works:

1. Connect or create your wallet

   • Use Phantom, Backpack, or sign up instantly via Google, Apple, or WhatsApp

2. Complete KYC/KYB via Parallel Markets (one-time)

3. Deposit USDC in the ORO dApp

4. Receive GOLD directly into your wallet

   • 1 GOLD = 1 ounce of vaulted, redeemable gold

You now hold tokenized, fully-backed gold — with full on-chain control and redemption rights.

🔁 Converting GOLD to stGold (to earn yield)

stGold is the yield-bearing version of GOLD, generated by allocating your GOLD into institutional leasing arrangements.

How it works:

1. Navigate to the "Earn Yield" section of the app

2. Select how much GOLD to allocate

3. Convert GOLD → stGold

   • stGold enters a 12-month lockup

   • Yield starts accruing monthly in GOLD

4. You can claim yield manually from the ORO dApp anytime

stGold remains fully composable and transferable while locked.

🏅 Redeeming GOLD (or USDC)

You can redeem GOLD at any time through the ORO dApp.
stGold must first be converted back to GOLD after the lockup period.

Redemption Options:

Option	Description	Settlement Time
USDC Redemption	Convert GOLD → USDC at spot price	T+2 business days
Physical Delivery	Gold shipped to a verified address (fees apply)	3–7 business days
Vault Transfer	Send to an approved third-party vault	1–3 business days
In-Person Pickup	Collect from a secure location in the UAE	By appointment

All redemption options are available only to KYC/KYB whitelisted wallets. Fees and any premium over spot are quoted before confirmation.